stock market

Bucharest Stock Exchange’s BET Index Places 2nd In The EU, After 16.1% Rise In Jan-April 2017

The BET index, which tracks the twelve most liquid shares on the Bucharest Stock Exchange (BVB), rose 16.1% in January-April 2017, placing it second in the EU, after Poland’s index which increased by 22.02%, according to BVB’s April report released on Wednesday.

Digi Communications Mulls Listing On Bucharest Stock Market

Digi Communications, provider of telecommunications services in Romania and Hungary, on Tuesday said it plans to launch an initial public offering (IPO) of Class B ordinary shares for the public, in Romania, and towards some institutional and professional investors.

EXCLUSIVE: Romania Delays Romgaz Floating Until 1H 2012

The Romanian Government has delayed until the spring of 2012 the sale of a 15% stake in natural gas producer Romgaz Medias, according to the country’s draft letter of intent agreed with the International Monetary Fund.

Bucharest Bourse GM Doesn’t Want Proprietatea Fund Listed On Other Mkts

The general manager of the Bucharest stock Exchange, Valentin Ionescu, said Saturday he doesn’t want investment fund Fondul Proprietatea (FP.RO) listed on other stock markets because it’s an issuer than can help consolidate the local market.

FOCUS: Proprietatea Fund’s Listing Cannot Lift The Bucharest Bourse Alone

The listing of investment fund Fondul Proprietatea will not be enough to restore the Bucharest stock market to levels seen in the summer of 2007, without other initial public offers of large companies that would attract foreign interest, and a return to growth of the Romanian economy.

Erste Sees Romanian Bourse Soaring In 2010 On Lower Risk Aversion

Romania will lead the way for stock market growth among Central and Eastern European nations in 2010, on further reduction in risk aversion, according to a report from Erste Bank.

Romanian Social Democrat Head Pushes For Setting Up Of National Pharmaceutical Co

Romanian social democrat leader Mircea Geoana on Tuesday said the setting up of a national pharmaceutical company to include state-owned pharmaceutical company Antibiotice Iasi (ATB.RO) and the Bucharest Cantacuzino Institute could attract additional financial resources.

Romania’s Tourism Min Says Bad Time For Privatizations, Upholds Stock Listing

Romania’s tourism minister Elena Udrea said Monday, at the opening of the Bucharest Stock Exchange trading session, that this is a pretty bad time for privatizations, but was glad to learn that companies can obtain funds by listing shares on the stock market.

Privatizations, Public Acquisitions Should Be Sealed On Bourse – Romanian SMEs Min

Privatizations and public acquisitions in Romania should be made through the Bucharest Stock Exchange to eliminate any suspicion as to the correctness of the operations, Constantin Nita, the Minister for Small- and Medium-Sized Enterprises, Commerce and Business Environment, said Tuesday.

Romanian Stock Mkt Regulator Bans SSIF Broker Heads From Operating Capital Mkt For Up To 5-Yrs

Romania's Securities Commission CNVM suspended for two weeks the operations of brokerage company SSIF Broker Cluj-Napoca (BRK.RO) and banned its general manager Petru Prunea, and deputy general manager Adrian Ceuca from operating on the capital market for a five and three years, respectively.

Most Romanians Unaffected By Stock Mkt Crisis – President

Romanian President Traian Basescu said Friday that turmoil on international capital markets will not have an impact on Romania if institutions are cautious, because Romanians haven’t invested much in the stock exchange.